Aid and development

 Lao government officials completed a three-week training course on advanced Geographic Information Systems, which was implemented by the Food and Agriculture Organization (FAO) to enable them to undertake climate mapping and zoning. The training course, funded by the Global Environment Facility, covered spatial analysis, geo-databases, network ...

The Lao Ministry of Finance and the World Bank signed a financing agreement of 50 million U.S. dollars on Tuesday, extending support to the ongoing Lao People’s Democratic Republic Southeast Asia Disaster Risk Management Project and Lao Road Sector Project II. Bounchom Ubonpaseuth, Lao Deputy Minister ...

The World Bank has classified Laos as a lower-middle-income economy in its latest classification for the 2020 fiscal year. The bank classifies the world’s economies into four income groups, namely high, upper-middle, lower-middle, and low, based on Gross National Income (GNI) per capita in U.S. dollars. Lower middle-income economies are those ...

A new financing package of $212.5 million (£162m) has been announced to support climate-friendly projects in Vietnam. The funding from IFC, a member of the World Bank, will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon ...

Countries in the Mekong region have been leaders in developing products and services based on the sustainable use of biodiversity for years.   Many have also ratified the Nagoya Protocol on Access and Benefit-sharing, which sets a minimum standard for regulations on accessing genetic resources and sharing ...

The Vietnam Development Report 2019 “Connecting Vietnam for Growth and Shared Prosperity” was co-launched by the World Bank (WB) and the Ministry of Planning and Investment in Hanoi on Wednesday. It presents a comprehensive overview of connectivity issues in Vietnam, using a set of new analytical ...

The Global Infrastructure Facility’s (GIF) Governing Council has approved $1.5m in funding to support the World Bank’s work with the government of Vietnam on a Solar Pilot Auction Program. The GIF, working with the World Bank’s Energy Global Practice, will help the government to design and ...

The Don Sahong hydropower dam in Laos has begun operations and this week connected its power grid to Cambodia, a Cambodian official said on Wednesday as the country steps up electricity imports after continued power outages last year. Don Sahong, which was designed for an installed ...

The Japanese government announced in late December that it will launch an aid program to help internally displaced people in a conflict zone in Myanmar’s northern state of Kachin to return home. China has strong influence in northern Myanmar, including Kachin. Countrywide, Japan and China are ...

South Korea is urging Thailand to spearhead the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs) for sustainable water management, after President Moon Jae-in met with Asean leaders last month in Busan under Thailand’s year-long chairmanship. Thailand co-chaired the 2019 Asean-Republic of Korea Commemorative Summit and the first ...